DigixDAO (DGD) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the Stablecoins has lost 32.7% to $148.82.
InvestorsObserver is giving DigixDAO a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on DigixDAO!
Highly Volatile
InvestorsObserver gives DigixDAO a high volatility rank of 96, placing it in the top 4% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. DGD's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
DigixDAO price is favorably positioned going forward. With support near $76.93 and resistance set at $271.63. This positions DigixDAO with room to run before facing selling pressures.